News
Ventris heads to Cunningham Lindsey as Argent appoints new MD
Cunningham Lindsey has recruited Argent Liability Adjusters managing director Neil Ventris, Post can reveal.
Gallagher London gains MGAA’s preferred provider status
Gallagher London has been granted preferred provider of professional indemnity insurance status by the Managing General Agents’ Association.
Reinsurer stocks plummet amid flood fears
Shares in Munich Re and Hannover Re fell around 3.5% to the bottom of pan-European FTSEurofirst 300 index as flooding in parts of Europe raises the prospect of hefty damage claims.
Iceland summoned to EFTA court for IMD breach
The European Free Trade Association Surveillance Authority is bringing Iceland to the EFTA Court over the Icelandic rules on insurance mediation.
View From the Top: Investing in technology
Technology is much more than a productivity tool; it offers one of the most tangible opportunities to transform the company’s culture and working environment. For instance in the services, sales and finance department of a company, employees deliver most…
Tim Ablett – An obituary
It is often said the insurance industry lacks the characters it once had.Thus it was with great sadness the sector mourned the passing of Tim Ablett last month, someone who had made a significant contribution to the sector through both his business…
Covéa reshuffles UK commercial lines team
Covéa Insurance- the UK underwriting business of French mutual insurer Covéa- has reshuffled its commercial lines team.
Covéa shakes up commercial lines team
Covéa has made some senior changes to its commercial lines underwriting team.
Fleet UK launches telematics product for SME fleets
THB Group subsidiary Fleet UK has teamed up with sister company Cardinus, Zurich and telematics consultancy JGCH, to launch a telematics solution for small to medium sized fleets.
Lack of cat data generating "flawed" models: Marsh
Insurers are spiking premiums where businesses are generating “flawed” modelling because of limited information on supply chain and property risk exposures, according to Marsh.
Arista reports boosted £1.7m Ebitda in 2012
Commercial lines underwriting specialist Arista Insurance has posted an Ebitda of £1.709m for 2012, up from the £1.334m achieved in 2011.
Aviva acquires Perth office
Aviva has purchased its Pitheavlis building in Perth, which it previously leased and where 1300 of the insurers’ employees are based.
Axa chief urges French president to learn from British mistakes
Axa chairman and chief executive Henri de Castries has called for French president François Hollande to "learn the lessons of Britain's experience" in the 1970s and tackle the levels of debt in France's economy.
R&Q completes French acquisition
Randall & Quilter Investment Holdings has closed the acquisition of the share capital of French domiciled insurer La Réassurance Intercontinentale from MMA.
Britons warned against travel to Turkey
As Turkey is facing a wave of government protests, Britons have been warned against all but essential travel to some parts.
Fire at poultry farm in China kills over 120
A fire at a poultry farm in Dehui city, Jilin province in China has killed at least people and 70 more are injured.
Severe flooding hits Central Europe
Authorities in Central Europe have declared states of emergency after severe flooding hit cities across the region.
India's GDP growth slows
India has recorded its worst GDP growth in a decade as fears persist over high inflation and a slump in manufacturing.
Taiwan earthquake kills two
A 6.3 magnitude earthquake in central Taiwan has killed two people and injured over 20 more.
Hong Kong premiums grow 15% in Q1
Total gross premiums in Hong Kong climbed 15.2% year on year to HK72.4bn ($9.3bn) according to the Office of the Commissioner of Insurance.
Kennedys merges with aviation specialists Gates and Partners
Kennedys has agreed a merger with specialist aviation and aerospace law firm Gates and Partners.
Allianz rebrands Your Cover in bid for greater UK recognition
German insurance giant Allianz has launched a brand building campaign in a bid to make Allianz a household name in the UK.
Pressure mounts for riot damages reform
MPs and local authorities are keeping up the pressure to get a better deal for property owners and businesses in the wake of the riots of summer 2011.
DAC Beachcroft appoints former regulator to Madrid practice
International law firm DAC Beachcroft has appointed a new partner to its Madrid-based insurance regulatory practice.